| Wed 25 Jun 2008, 14:10 | | AGL - Anglo American Plc - News Release - Anglo American statement on Zimbabwe |
|
AGL
ANAAL
AGL - Anglo American Plc - News Release - Anglo American statement on Zimbabwe
25 June 2008
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
("Anglo American plc" or "the company")
News Release - Anglo American statement on Zimbabwe
25 June 2008
The following statement is in response to media reports relating to Anglo
American`s business activity in Zimbabwe.
Anglo American has been an investor in Zimbabwe for 60 years. The Unki platinum
project in Zimbabwe, which has been in development since 2003, is a long-term
investment for a mine which is yet to start production and will not generate
revenues for some years. Anglo American is deeply concerned about the current
political situation in Zimbabwe and condemns the violence and human rights
abuses that are taking place. Anglo American is monitoring the situation in
Zimbabwe very closely and is reviewing all options surrounding the development
of the project. It has been made clear to Anglo American that if it ceases to
develop this project, the Government of Zimbabwe will assume control.
Anglo American has a clear responsibility to protect the wellbeing of its more
than 650 employees and contractors, as well as their families and all those who
depend indirectly on the activity around the project, all of whose livelihoods
would be jeopardised should the company withdraw from Zimbabwe. The responsible
development of the Unki mine will create a long-term viable business which will
be important to the economic future of Zimbabwe for years to come. Anglo
American continues to support the communities around the project with a number
of important social development activities, including the provision of basic
food and supplies, the building of a dam to help support agriculture through the
reliable supply of water and the provision of financial and other assistance to
the primary and secondary schools and community health facilities.
Anglo American is in full compliance with all relevant national and
international laws relating to its activities in Zimbabwe.
Notes to Editors:
Anglo American plc is one of the world`s largest mining and natural resource
groups. With its subsidiaries, joint ventures and associates, it is a global
leader in platinum group metals and diamonds, with significant interests in
coal, base and ferrous metals, as well as an industrial minerals business. Anglo
American also holds a 37.2% shareholding in Tongaat-Hulett, a sugar and starch
business, which has operations in Zimbabwe employing a total of 16,000 people.
The Group is geographically diverse, with operations in Africa, Europe, South
and North America, Australia and Asia. (www.angloamerican.co.uk)
For further information, please contact:
United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
Anna Poulter, Investor Relations
Tel: +44 (0)20 7968 2155
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
Date: 25/06/2008 14:10:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
